Open Text™ Corp.

• Position: ECM SOFTWARE

Open Text™ Corp., which claims to be the largest independent provider of enterprise content management (ECM) software and solutions, has released the latest version of Livelink ECM-Contract Lifecycle Management, a solution for contract creation, negotiation, contract fulfillment and renewals. The solution is designed to help businesses reduce operating costs and enable compliance with internal and external policies and regulations.

With ongoing legal and regulatory concerns--including eDiscovery challenges, corporate and auditing scandals and new internal governance rules--organizations now place a greater focus on the effective management of contracts. Livelink ECM-Contract Lifecycle Management offers organizations a comprehensive solution to automate and manage contract processes from creation of individual clauses to secure collaboration during the negotiation process; proactive alerts for contracts that require review and tracking of clauses, renewal dates and terms; and retention, archival and disposition of contracts to satisfy compliance, legal and business policy requirements. The solution also integrates with a variety of enterprises systems so that contract content can be made available in other environments.

The...